Pre-Need Funeral Arrangements - Pros and Cons
If you are setting up pre-need funeral arrangements there are some things to consider before you do it.
There are a lot of reasons that make pre-need funerals a good option, but there are also some things to worry about.
As with anything, it is important to know both angles before you jump in and decide to do something.
Pre-need Funeral Pros: Saving Money By pre ordering your funeral services, you will be able to get a discounted price for you and your family.
This can be the factor that drives many to consider pre-need funerals.
You can save several thousand dollars by setting up a pre-need funeral because these plans are a set price, inflation does not go into effect.
Cemetery Plots You will be able to choose the cemetery plot that you want.
You can be buried next to your loved ones, or family this way.
Maybe you want a specific spot in the cemetery because of the beautiful location.
Reduce Your Family's Hassle It is a very stressful time when someone dies.
Anything you can do to make this stress a little more bearable is worth it.
If your family doesn't have to make funeral arrangements, they will be grateful.
It will be one last gift to them.
Pre-need Funeral Cons: Price Varies with Age The older you are, the more you will have to pay.
This is because pre-need funeral arrangements are a type of insurance.
Sure, you will protect yourself against inflation, but these companies are calculating the risk involved with agreeing to cover you.
You are usually expected to live several years after you purchase a plan, if you don't, they won't cover the whole cost of the funeral.
Lawsuits Recently there have been several lawsuits against fraudulent companies neglecting to live up to their customers' expectations.
This doesn't mean every company is corrupt.
It just means that you should do you research before signing up with one of them.
If you choose whether or not to go with a pre-need funeral plan, make sure that you are working with a reputable company.
Don't sign up with a small company that might fold in the next few years.
You want to make sure that your money is secure.
If you have any doubts about the service, just don't use it.
There are a lot of reasons that make pre-need funerals a good option, but there are also some things to worry about.
As with anything, it is important to know both angles before you jump in and decide to do something.
Pre-need Funeral Pros: Saving Money By pre ordering your funeral services, you will be able to get a discounted price for you and your family.
This can be the factor that drives many to consider pre-need funerals.
You can save several thousand dollars by setting up a pre-need funeral because these plans are a set price, inflation does not go into effect.
Cemetery Plots You will be able to choose the cemetery plot that you want.
You can be buried next to your loved ones, or family this way.
Maybe you want a specific spot in the cemetery because of the beautiful location.
Reduce Your Family's Hassle It is a very stressful time when someone dies.
Anything you can do to make this stress a little more bearable is worth it.
If your family doesn't have to make funeral arrangements, they will be grateful.
It will be one last gift to them.
Pre-need Funeral Cons: Price Varies with Age The older you are, the more you will have to pay.
This is because pre-need funeral arrangements are a type of insurance.
Sure, you will protect yourself against inflation, but these companies are calculating the risk involved with agreeing to cover you.
You are usually expected to live several years after you purchase a plan, if you don't, they won't cover the whole cost of the funeral.
Lawsuits Recently there have been several lawsuits against fraudulent companies neglecting to live up to their customers' expectations.
This doesn't mean every company is corrupt.
It just means that you should do you research before signing up with one of them.
If you choose whether or not to go with a pre-need funeral plan, make sure that you are working with a reputable company.
Don't sign up with a small company that might fold in the next few years.
You want to make sure that your money is secure.
If you have any doubts about the service, just don't use it.
